Binance set to delist these SHIB, LINK spot trading pairs soon

Binance to Cease Major Spot Trading Pairs on June 28, 2024

Following a comprehensive review of listed spot trading pairs, Binance has announced the removal of several pairs due to low liquidity and trading volume. This decision is intended to enhance user protection and maintain trading stability.

Affected Trading Pairs:

• BLUR/FDUSD
• LINK/TUSD
• MEME/ETH
• METIS/FDUSD
• NFP/BNB
• OSMO/BTC
• SHIB/TUSD

Delisting Date:

June 28, 2024, at 3 P.M.

Availability of Tokens:

The delisting of these pairs will not affect the availability of the underlying tokens on Binance spot. Users can continue to trade the underlying assets in other available trading pairs.

User Actions:

Binance urges users to update or cancel their orders involving the affected trading pairs before the delisting date to avoid potential losses.

Token Performance After Announcement:

Despite the announcement, the affected tokens have not experienced significant price fluctuations:

• LINK: 0.5% positive momentum
• METIS: 0.8% negative momentum
• OSMO: 1.4% price drop
• SHIB: 1% price drop

Overall Market:

The cryptocurrency market has remained relatively stable despite the announcement, with an overall gain of 0.5% over the last 24 hours. Major cryptocurrencies such as Bitcoin, Ethereum, and Solana have also experienced moderate price increases during this period.

Top Gainers:

Among the top cryptocurrencies, Notcoin (NOT), Ethereum Name Service (ENS), Pepe (PEPE), and dogwifhat (WIF) have emerged as the top gainers, with price increases of 10%, 6%, 5%, and 4%, respectively, over the past 24 hours.